News Corp’s $882m blew the budget Australian Australian Financial Review (AM). “The single largest factor in the underlying deterioration of the federal budget announced by Treasurer Joe Hockey in December was a cash payout of almost $900 million to Rupert Murdoch’s News Corporation.” Ouch!
Political Economist Answers: What’s So Dangerous About Austerity? Truthout. The bailouts were “a class-specific put option.”
Pay Pals, HuffPo. Excellent data visualization of what Fortune 500 directors paid each other, 2008-2012.
Get Off the Bus LRB. Class war in SF.
Groupon Celebrates President Hamilton Political Wire
Getting oil, tankers off the bridge Philadelphia Inquirer (PT).
Shipbuilder to explore methane hydrate in Japan waters Asahi Shimbun
Big Brother Is Watching You Watch
NSA reform stalls in committee The Hill
Is Hillary Clinton the president we need at this time? Daily Kos (JB). Sighting shot from Warren-supporting Kos staffer.
America risks becoming a Downton Abbey economy Larry Summers, FT
For Democrats looking to post-Obama era, how populist a future? WaPo. “[Warren and de Blasio] have galvanized voters with fiery lines and fresh thinking.” Do it for the lulz….
Venezuelan protest leader calls new rally Al Jazeera
On fire Economist
Citius, Altius, Frigidiores Grantland
Sisi’s Turn LRB
Qatar World Cup: 400 Nepalese die on nation’s building sites since bid won Guardian. If the left could get every World Cup viewer thinking “That Nepalese could be me,” there would be a left.
Turkey in eye of emerging market storm as everything goes wrong at once Ambrose Evans-Pritchard, Telegraph
Graft probe shattered currency calculations: Turkish Central Bank chief Hurriyet Daily News
The Checklist Manifesto: How to Get Things Right Farnham Street
Stuart Hall’s revolutionary legacy Al Jazeera
Alive in the Sunshine Jacobin. BIG.
Girl, 15, ‘shot dead by man, 48, who opened fire on teens in a blind rage after they dumped leaves and smashed eggs on his car as a prank’ Daily Mail. Just another Second Amendment externality.
Fascism and the Future, Part One: Up From Newspeak The Archdruid Report. “[W]hen Germany’s National Socialists were out there canvassing for votes in the years before 1933, they weren’t marching proudly behind banners saying VOTE FOR HITLER SO FIFTY MILLION WILL DIE!” Nazi tactics were plain enough, contemporaneously. Disappointing.
Maine farmer, seed curator forms new grass-roots group Portland Press-Herald
Antidote du jour: